Stock Futures Slip As Rate Hike Odds Surge Following Warsh’s Jackson Hole Remarks
U.S. stock-index futures moved lower Sunday as investors weighed the growing probability of a fresh interest-rate increase from the Federal Reserve. Markets are now pricing in a 58% probability of a 25-basis-point rate hike at the September meeting, up sharply from 36% before Fed Chair Kevin Warsh’s speech Friday. Warsh told attendees at the annual…
China’s Manufacturing Activity Contracts For Second Consecutive Month But Beats Expectations
China’s factory activity shrank for a second straight month in August, though the contraction was smaller than economists had anticipated, adding pressure on Beijing to shore up the slowing economy. The official purchasing managers’ index came in at 49.8 in August, an improvement from 49.2 recorded in July, according to data released Monday by the…
Trump Pollster Calls Abdul El-Sayed’s Michigan Senate Lead A ‘Fake Narrative’
Tony Fabrizio, a top pollster working for Republican Mike Rogers, is aggressively disputing public polls showing Rogers trailing in Michigan’s high-stakes Senate race. Fabrizio argues that recent surveys are over-sampling Democratic-leaning voters, specifically college-educated and Black voters, according to an internal memo obtained by POLITICO. A Susquehanna poll released this month showed progressive Abdul El-Sayed…
U.S. Military Strikes Iranian Rocket Launchers In Strait Of Hormuz Region For First Time In Over A Month
The U.S. military struck two Iranian rocket launchers on Sunday, marking its first attack on Iran in more than a month, according to a U.S. official. American forces targeted the two launchers on Larak Island after observing Islamic Revolutionary Guard Corps forces preparing to launch rockets with sea mines into the Strait of Hormuz. U.S….
DHS Calls New York Times Report On ICE Detention Abuse A “Hoax”
The Department of Homeland Security is pushing back hard against a New York Times report detailing alleged abuse inside Immigration and Customs Enforcement detention facilities. DHS issued a sharp rebuttal on Sunday, posting on social platform X that the Times story amounted to misinformation designed to undermine the agency’s operations. “Another day and another hoax…
Lawsuit Claims Freedom Fuel Stations Sold Nearly $4 Million In Unpaid Fuel To Undercut Rivals
Freedom Fuel gas stations, promoted by the Trump administration for their low prices, allegedly sold fuel their supplier never received payment for, according to a newly filed lawsuit. Mansfield Oil Company filed the suit on August 19 in U.S. District Court in Eastern Pennsylvania, targeting KRSM, a foreign corporation linked to the Freedom Fuel Network….
Software Sector’s Epic Rally Could Extend Through October As AI Fears Fade
After months of brutal losses, the software sector is staging a dramatic comeback that analysts say could have significant room left to run. The Morningstar US Software Application Index shed roughly 27% between October 2025 and mid-July 2026, even as the broader market gained nearly 15% over the same stretch. Stocks including Salesforce (CRM), ServiceNow…
Leverage-Hungry Investors Are Reshaping Stock Market Dynamics As Borrowed Bets Hit Record Highs
U.S. margin debt has surged to a record $1.4 trillion in May, rising 54% from a year earlier, according to data from FINRA. The staggering rise in borrowed money reflects a broader cultural shift among both retail and institutional investors who are increasingly comfortable taking on significant financial risk. Leveraged exchange-traded funds, which produce double…
Iran Conflict Drives Helium Shortage That Could Make Party Balloons A Luxury Item
The escalating conflict involving Iran is sending shockwaves through global supply chains far beyond oil markets, hitting helium supplies hard and fast. Helium, used to fill party balloons but also critical to semiconductor manufacturing and medical imaging, is tightening in supply and surging in price as fighting disrupts energy production in the Persian Gulf. Roughly…
RTX’s (RTX) Record $289 Billion Backlog Tells A Deeper Story About Its Commercial And Defense Balance
RTX (RTX) has reached a record backlog of $289 billion, climbing 22% year-over-year and 6% sequentially, a milestone that signals more than simple growth. The real story behind the backlog is its composition, with commercial aerospace accounting for the larger share in a roughly 60/40 split over defense contracts. That split has benefited RTX significantly,…
